International Bodies Pledge Loans for Panama Canal Expansion
Posted on Dec 11, 2008 in Financing, Markets and Competition, Vessel Transportation | Comments Off on International Bodies Pledge Loans for Panama Canal Expansion
According to Platts LNG Daily, five international bodies, including a wing of the World Bank, have pledged $2.3 billion in loans, about half of the estimated amount needed, for the proposed Panama Canal expansion. The expansion would allow standard-sized LNG vessels to pass through the canal by 2014, significantly shortening the trading routes for cargoes between...
Council on Foreign Relations Examines Challenges to Forming an Integrated Global Natural Gas Market
Posted on Dec 11, 2008 in Markets and Competition | Comments Off on Council on Foreign Relations Examines Challenges to Forming an Integrated Global Natural Gas Market
The Council on Foreign Relations provides an analysis of the challenges to forming an integrated global natural gas market, including some of the challenges posed by expanding the LNG value chain around the...
Consultant: Canadian LNG Export Project Would Diversify Natural Gas Customer Base
Posted on Dec 11, 2008 in Canada & Mexico, Liquefaction, Markets and Competition | Comments Off on Consultant: Canadian LNG Export Project Would Diversify Natural Gas Customer Base
Ralph Glass of AJM Petroleum Consultants told the Calgary Herald that he believes Canadian natural gas producers will face competition from an Alaskan natural gas pipeline to be built by TransCanada, and that an LNG export terminal built on Canada’s west coast, such as the Kitimat LNG project, would allow Canada to diversify its natural gas customer base and access higher-priced...
Local LNG Opponents React Favorably to Appointment of Activist by Incoming Ore. Attorney General
Posted on Dec 10, 2008 in Environmental, Policy, Legislation and Politics, State and Local Issues | Comments Off on Local LNG Opponents React Favorably to Appointment of Activist by Incoming Ore. Attorney General
The Daily Astorian (Ore.) [subscription required] provides coverage of the favorable reaction by several local LNG opponents to the appointment of Brent Foster, Executive Director of the anti-LNG group Columbia Riverkeeper, to an environmental crimes enforcement and policy position by Oregon’s incoming Attorney General, John Kroger (D). Kroger had campaigned on an anti-LNG...
FERC Determines Pre-Filing Not Required for Freeport LNG Boil-Off Gas Recovery, LNG Truck Delivery Proposal
Posted on Dec 10, 2008 in Federal Regulation, Liquefaction, Regas Terminals & Capacity | Comments Off on FERC Determines Pre-Filing Not Required for Freeport LNG Boil-Off Gas Recovery, LNG Truck Delivery Proposal
FERC has determined that Freeport LNG Development, L.P., is not required to follow FERC pre-filing procedures for its proposal to install liquefaction equipment to recover boil-off gas from its storage tanks and to add unloading facilities for accepting trucked deliveries of domestic LNG. Freeport LNG’s proposal, submitted to FERC on November 12, 2008, states that such measures...